Filing Flows › Mayville Engineering Company (MEC) › Q2 2025
Mayville Engineering Company (MEC) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 6, 2025
Mayville Engineering Company (MEC) reported revenue of $132M for the second quarter 2025 (Q2 2025), -19% from a year earlier and -2% from the quarter before. Operating margin was 0.1%, net loss $1.1M (0.8% of revenue).
Mayville Engineering Company, Q2 2025: revenue $132M (-19% year over year), operating margin 0.1%, net loss $1.1M, operating cash flow $15.0M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $132M | -2% | -19% |
| Operating profit | $76K | -95% | — |
| Net earnings | −$1.1M | -5585% | — |
| Operating cash flow | $15.0M | +80% | -36% |
| Free cash flow | $12.5M | — | -35% |
What changed
Revenue was $132.3M in Q2 2025, down 19% year over year and down 2% from the previous quarter.
Operating profit was $76K, a 0.1% margin (down 4.9 points year over year). Total costs fell 15% while revenue fell 19%. The quarter ended with a net loss of $1.1M, after a profit of $20K the previous quarter. Net interest and other expense of $1.4M was the main reason.
Operating cash flow was $15.0M (down 36% year over year). Non-cash charges added back $9.6M of depreciation and amortization and $1.0M of share-based compensation. Working capital and other items added $5.5M. After capital expenditures ($2.4M), free cash flow as the company reports it was $12.5M.
Questions
What was Mayville Engineering Company's revenue in the second quarter 2025?
Mayville Engineering Company (MEC) reported revenue of $132M for the second quarter 2025 (Q2 2025), -19% from a year earlier and -2% from the quarter before.
Was Mayville Engineering Company profitable in the second quarter 2025?
Operating profit was $76K (0.1% of revenue) and net loss $1.1M.